Current Affairs - Miscellaneous - Discussion

Discussion :: Miscellaneous - Latest Current Affairs (Q.No.926)

926. 

IRCTC launched its own digital payment gateway which provide payment options like credit card, debit card, unified payment interface and international card. It was named as:

[A]. IRCTC iPay
[B]. Rail Pay
[C]. Easy Pay
[D]. IRCTC Money Transfer

Answer: Option A

Explanation:

IRCTC launched its own digital payment aggregator called 'IRCTC iPay'. With iPay, passengers will not need any third-party platforms as it will provide payment options like credit card, debit card, unified payment interface and international card. This will help reduce the gap between IRCTC and banks which will eventually lead to a substantial reduction in payment failures. The back-end support will be provided by Delhi based MMAD communications, which is IRCTC's technology partner.

Post your comments here:

Name *:

Email   : (optional)

» Your comments will be displayed only after manual approval.